drkohler said:
Million said: Currency messed 'em up right like Sony ?
They are a Japanese based company right ?
I've always thought a company should just change territory to the place which has the best currency , it's probably not that easy lol. |
Well a large enough company will seek to be headquartered where taxes are the lowest. Your manufacturer pretty much tells you the currency he wants to see from you. It has always been US$, but in the past few years, when the US$ lost attractiveness, more and more European companies have been "asked to pay" in Euros when dealing with Chinese companies.
|
Hmm interesting , this is something I've always struggled to understand , would you mind explaining further ?
Why would a manufacturer or anyone for that matter demand payment in currency , why do we hear on british TV about the value of oil in dollars . Can't I simply pay more of my own currency to compensate for it's weakness towards other currencies?